tobinq

Coef.

Std. Err.

t

P > |t|

[95% Conf. Interval]

inst_own

−.001256

.0014877

−.84

.399

−.0041812

.0016692

managerial_own

−.0035724

.0037034

−.96

.335

−.0108543

.0037096

board_size

.0145389

.0178939

.81

.417

−.0206451

.0497229

ownconc

−.3214451

.1691611

−1.90

.058

−.6540596

.0111695

pid

.011221

.003716

3.02

.003

.0039144

.0185277

pwob

.0061214

.0029477

2.08

.039

.0003255

.0119173

_cons

1.006041

.3502128

2.87

.004

.3174313

1.69465

sigma_u

1.4461505

sigma_e

.42458264

rho

.92064241

(fraction of variance due to u_i)